117 Lakeland Drive, Miramar Beach, FL 32550 (MLS# 899696)

Description

PENDING. TAKING BACK UP OFFERS. Located in highly desired Villas of Frangista Beach HOA, this rental powerhouse will be amazing! Projected to bring $280,000-$340,000 in gross rental income. Surrounded by natural preserve on the back of the property it is estimated to be completed at the end of May 2023. This 9 bedroom, 9.5 bath home with a private pool and several lounging areas offers everything vacation renters are looking for.

Supplements: Carefully designed to maximize owner's rental income, it will sleep 26 people with 2 bedrooms to have bunk beds and 7 bedroom suites big enough for king size beds. Ship-lap finishes, quartz countertops in the kitchen and all bathrooms, island with quartz waterfall side walls, shaker white cabinets, stainless steel energy efficient appliances, LVP flooring are some of the key features of the house. This home has a EV charger outside and includes a 6 seater electric golf cart. Can be provided furnished for an additional consideration.

Status Change Info

Sold Price/SqFt: 642.32 Status: Sold Under Contract Date: 2023-04-18 Sold Date: 2023-09-07 Sold Price: $2,550,000

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 642.32 List Date: 2022-05-27 Current Price: $2,550,000 List Price: $2,550,000

Location, Tax and Legal

Sub Area: 1502 - Miramar Beach S. of 98 w/exception of Sandestin Resort Elementary School: Van R Butler Middle School: Emerald Coast High School: South Walton Legal Description: LOT 39 BLK A FRANGISTA BEACH 3RD ADDITION PB 17-71 OR 2728-3343 OR 2728-3431 OR 3001-3374

General Property Info

Sub-Type: Detached Single Family Design: Beach House SqFt Source: Building Plan Garage: No Carport: No Pool: Yes Pool Type: Private Apx SqFt(Htd/Cooled): 3970 Bedrooms: 9 Full Baths: 9 Half Baths: 1 Total Bathrooms: 10 # Stories: 3 Year Built: 2023

Listing Info, Tax & Legal

Who Paid Title: Seller Is Subject Leased: No Assessment Fees: No New Buyer Fee: No Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: PENDING. TAKING BACK UP OFFERS. Located in highly desired Villas of Frangista Beach HOA, this rental powerhouse will be amazing! Projected to bring $280,000-$340,000 in gross rental income. Surrounded by natural preserve on the back of the property it is estimated to be completed at the end of May 2023. This 9 bedroom, 9.5 bath home with a private pool and several lounging areas offers everything vacation renters are looking for.

Construction Status

To Be Built: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1

Zoning

City: 1

Energy

AC - Central Elect: 1

Master Bedroom

Second: 1

Bedroom

First: 1 Second: 1 Third: 1

Kitchen

First: 1

Living Room

First: 1

Full Bathroom

First: 1 Second: 1

Rooms

Bedroom: 1 Dining Area: 1 Full Bathroom: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Location Tax and Legal

Area: 15 - Miramar/Sandestin Resort Street #: 117 Street Name: Lakeland Street Suffix: Drive State: FL Zip Code: 32550 County: Walton Project Name/Subdivision: FRANGISTA BEACH 3rd ADDN Parcel ID: 29-2S-21-42060-00A-039

Property Features

Construction Status: To Be Built Utilities: Electric; Public Sewer; Public Water Energy: AC - Central Elect Master Bedroom: Second Bedroom: First; Second; Third Kitchen: First Living Room: First Full Bathroom: First; Second Rooms: Bedroom; Dining Area; Full Bathroom; Kitchen; Living Room; Master Bedroom

Room Information

Master Bedroom Level: Second Dimensions: 16 x 16 Length: 16.00 Width: 16.00 Dimensions: 16 x 16 Living Room Level: First Dimensions: 15 x 15 Length: 15.00 Width: 15.00 Dimensions: 15 x 15 Kitchen Level: First Dimensions: 16 x 15 Length: 16.00 Width: 15.00 Dimensions: 16 x 15 Full Bathroom Level: Second Dimensions: 10 x 8 Length: 10.00 Width: 8.00 Dimensions: 10 x 8 Bedroom Level: Second Dimensions: 15 x 16 Length: 15.00 Width: 16.00 Dimensions: 15 x 16 Bedroom Level: Third Dimensions: 16 x 16 Length: 16.00 Width: 16.00 Dimensions: 16 x 16 Bedroom Level: Second Dimensions: 15 x 14 Length: 15.00 Width: 14.00 Dimensions: 15 x 14 Bedroom Level: Third Dimensions: 13 x 13 Length: 13.00 Width: 13.00 Dimensions: 13 x 13 Dining Area Level: First Dimensions: 10 x 12 Length: 10.00 Width: 12.00 Dimensions: 10 x 12 Full Bathroom Level: First Dimensions: 10 x 12 Length: 10.00 Width: 12.00 Dimensions: 10 x 12 Bedroom Level: First Dimensions: 12 x 12 Length: 12.00 Width: 12.00 Dimensions: 12 x 12